Tesla's Move Into India Is On Hold According To Reports

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Tesla's move into India is currently on hold, Reuters reported adding that Tesla has abandoned a search for a showroom

“I will suggest them [Tesla] that it will be golden opportunity for them to start manufacturing facility in India because as the automobile components are concerned, already Tesla is taking a lot of components from the Indian manufacturers. So there will be availability.“They can export a lot of vehicles from India, and as compared with the other countries, it will be economically viable.”to set up a plant in India.

Tesla would probably sell EVs in India, but not at the level it would do so if the Indian government was to work with Tesla to make them more affordable to consumers. The article added that Tesla’s minimum price tag of $40,000 would put it in the luxury segment of India’s market where sales only make up a small portion of the annual vehicle sales, which are around 3 million.noted that for some of Tesla’s small teams in India, the company has assigned additional responsibilities for other markets. Tesla CEO Elon Musk spoke about these challenges, noting that the company was still trying to work through them with the Indian government.

With China being closer to India than any of the American factories or Giga Berlin, it would make sense for Tesla to import EVs from Giga Shanghai, which Tesla is transforming into the largest export hub on the planet. In a to Shanghai authorities thanking them for aid with reopening after the Covid-19 shutdown, Tesla laid out its expansion plans, which include building a new factory on nearby land that will add an annual capacity of 450,000 cars.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There is No possibility of Tesla cars on India's roads in the near future.

India is like the boy who pushes his bike to school because he doesn't have time to get on it.

India wants 24x7 elect-city first lol 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Video: Tesla jumps curb and crashes straight into convention center in OhioShocking surveillance video shows a Tesla flying straight into a convention center in Ohio. Jumped a curb. Expected more. ABC7--No mayhem closer to home?
Source: ABC7Chicago - 🏆 284. / 63 Read more »

Video: Tesla jumps curb and crashes straight into convention center in OhioAccording to police, the driver told investigators he 'lost control of the brakes.' Software error.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »

Here's how DIY YouTubers turned Tesla Model 3 into a 6-ton electric tankSome adventurous YouTubers called The Real Life Guys decided to turn a Tesla Model 3 into a tank with some giant chain tracks.
Source: IntEngineering - 🏆 287. / 63 Read more »

Tesla's Cyber Rodeo Was Like Willy Wonka's Chocolate Factory For Tesla Nerds (a photo/meme journal)There is no shortage of sensationalized media coverage when it comes to Tesla and its intrepid leader, Elon Musk. In recent news, Tesla has delivered yet another record quarter, continuing its meteoric rise as the Great article David.
Source: cleantechnica - 🏆 565. / 51 Read more »

WATCH: Tesla going 70 mph slams into convention centerAuthorities in Ohio released new footage on Wednesday showing the moment a driver lost control of his Tesla and crashed into the Greater Columbus Convention Center.
Source: dcexaminer - 🏆 6. / 94 Read more »

AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China SalesThis week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability.
Source: Forbes - 🏆 394. / 53 Read more »